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CIPS L4M5 Exam With Confidence Using Practice Dumps

Exam Code:
L4M5
Exam Name:
Commercial Negotiation
Vendor:
Questions:
373
Last Updated:
Nov 21, 2025
Exam Status:
Stable
CIPS L4M5

L4M5: CIPS Level 4 Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

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Commercial Negotiation Questions and Answers

Question 1

Jessica Taylor, a senior buyer, is asked to create a written performance report after her latest negotiation. Which of the following should she include? Select THREE.

Options:

A.

A detailed pricing structure

B.

A comparison of actual versus set objectives

C.

A checklist of points learned for the future

D.

Travel expenses to attend the meeting

E.

Other suppliers that could have been used

F.

Evaluation of the negotiator’s performance

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Question 2

Distributive approach in negotiation is typified by which of the following?

Options:

A.

Distributive approaches are inherently inferior to integrative approaches in commercial negotiation

B.

Both parties understand each other's goals

C.

Each party attempts to maximise the value obtained at other's expense

D.

Both parties share 50:50 of the 'pie'

Question 3

Which of the following are most likely to harm trust between buyer and supplier in a commercial relationship? Select TWO that apply.

Options:

A.

Avoidance of submitting important documentations

B.

Reduced response time during contract performance

C.

Resolving some conditions that would otherwise have them competing for resources

D.

Subjective assessment of performance

E.

Exploring a disagreement to learn from each other's insights